Hero Fincorp Limited

Nbfc

Verify this issuer →
Methodology v1.0 Download Report (PDF)
Latest Rating
AA+ (CRISIL)
Total Debt Outstanding
₹7,357 Cr
Across 38 instruments
Listed Bonds
38
First Issue
2016-08-03
Latest Issue
2026-06-30
Maturity Range
2026 - 2037
Observation
38 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Nbfc
First Tracked Bond
2016-08-03
Start of this issuer's debt program timeline
  • 38 active bonds tracked from this issuer.
  • 15 of 38 tracked bonds with a stated security status are secured. (based on 38 bonds with a disclosed security status)

Operating in India, Hero Fincorp Limited is classified as an NBFC. Bond coupons here span 7.35% - 9.81%, paid annual. The maturity ladder spans 2026 - 2037.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
38
Tracked by RetailBonds
Amount Tracked
₹7,357 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 34 of 38 bonds)
Avg Coupon
8.81%
Range 7.35% - 9.81%
Avg Remaining Tenure
4.1 Yrs
Nearest maturity 2026-10
Secured
39%
15 of 38 bonds with known status
Callable
9
Of 38 bonds
Avg Spread vs G-Sec
+252 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (7 bonds).

0 2026: 3 bonds, ₹1,802 Cr tracked, avg coupon 8.66% 3 bonds 2026 2027: 6 bonds, ₹1,600 Cr tracked, avg coupon 8.17% 6 bonds 2027 2028: 4 bonds, ₹950 Cr tracked, avg coupon 9.37% 4 bonds 2028 2029: 2 bonds, ₹150 Cr tracked, avg coupon 8.41% 2 bonds 2029 2030: 4 bonds, ₹675 Cr tracked, avg coupon 8.55% 4 bonds 2030 2031: 1 bond, ₹225 Cr tracked, avg coupon 7.35% 1 bond 2031 2032: 3 bonds, ₹300 Cr tracked, avg coupon 8.65% 3 bonds 2032 2033: 1 bond, ₹200 Cr tracked, avg coupon 8.09% 1 bond 2033 2034: 2 bonds, ₹300 Cr tracked, avg coupon 9.15% 2 bonds 2034 2035: 2 bonds, ₹200 Cr tracked, avg coupon 9.10% 2 bonds 2035 2036: 2 bonds, ₹400 Cr tracked, avg coupon 9.10% 2 bonds 2036 2037: 1 bond, ₹100 Cr tracked, avg coupon 9.10% 1 bond 2037 2042+: 7 bonds, ₹455 Cr tracked, avg coupon 9.51% 7 bonds 2042+

Security Type / Instrument Mix

  • NCD 38 bonds · 100% · ₹7,357 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹100 Cr issued 2017 2018: ₹450 Cr issued 2018 2020: ₹475 Cr issued 2020 2021: ₹225 Cr issued 2021 2022: ₹800 Cr issued 2022 2023: ₹1,000 Cr issued 2023 2024: ₹2,057 Cr issued 2024 2025: ₹1,450 Cr issued 2025 2026: ₹800 Cr issued 2026 Cumulative: ₹100 Cr Cumulative: ₹550 Cr Cumulative: ₹1,025 Cr Cumulative: ₹1,250 Cr Cumulative: ₹2,050 Cr Cumulative: ₹3,050 Cr Cumulative: ₹5,107 Cr Cumulative: ₹6,557 Cr Cumulative: ₹7,357 Cr

Based on 34 of 38 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 34 bonds · 89%
  • Unrated 4 bonds · 11%
AgencyRatingOutlookBonds
CRISIL AA+ 19
ICRA AA+ 19
CRISIL AA 3
ICRA AA 2

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE957N07799 8.8871% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/066 DATE OF MATURITY 06/10/2026 8.89% AA+ (CRISIL) 2026-10-06
INE957N07765 8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES HFCLNCD061 DATE OF MATURITY 04/12/2026 8.40% AA+ (CRISIL) 2026-12-04
INE957N07807 8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURED SERIES HFCLNCD70 DATE OF MATURITY 31/12/2026 8.70% AA+ (CRISIL) 2026-12-31
INE957N07674 7.60% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/052.DATE OF MATURITY 04/05/2027 7.60% AA+ (CRISIL) 2027-05-04 8.10% 2026-08-21
INE957N07823 8.42% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/71 OPTION-II DATE OF MATURITY 02/06/2027 8.42% AA+ (CRISIL) 2027-06-02
INE957N07856 7.8% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/75 DATE OF MATURITY 02/06/2027 7.80% AA+ (CRISIL) 2027-06-02
INE957N08037 8.52% UNSECURED LISTED REEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES HFCL/NCD/023. DATE OF MATURITY 18/06/2027 8.52% AA+ (ICRA) 2027-06-18
INE957N07849 7.99% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCLNCD073 DATE OF MATURITY 06/08/2027 7.99% AA+ (CRISIL) 2027-08-06
INE957N07815 8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURED SERIES HFCLNCD070 OPTION II DATE OF MATURITY 31/12/2027 8.70% AA+ (CRISIL) 2027-12-31
INE957N07872 8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCLNCD78 DATE OF MATURITY 26/05/2028 8.75% AA+ (CRISIL) 2028-05-26
INE957N07880 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/79 DATE OF MATURITY 30/06/2028 AA+ (CRISIL) 2028-06-30
INE957N08045 9.81% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 030. DATE OF MATURITY 24/11/2028 9.81% AA+ (ICRA) 2028-11-24 9.00% 2026-08-25
INE957N07732 9.55% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES HFCLNCD032 DATE OF MATURITY 27/12/2028 9.55% AA+ (CRISIL) 2028-12-27
INE957N07773 8.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE SERIES HFCLNCD62 DATE OF MATURITY 02/02/2029 8.60% AA+ (ICRA) 2029-02-02
INE957N07831 8.22% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/72 DATE OF MATURITY 28/06/2029 8.22% AA+ (ICRA) 2029-06-28
INE957N08052 8.85% UNSECURED RATED LISTED SUBORDINATED TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/036. DATE OF MATURITY 05/02/2030 8.85% AA+ (ICRA) 2030-02-05
INE957N08060 8.49% UNSECURED RATED LISTED SUBORDINATED TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/037. DATE OF MATURITY 04/03/2030 8.49% AA+ (ICRA) 2030-03-04
INE957N08151 9.2% UNSECURED RATED LISTED REDEEMABLE TIER II NON CONVERTIBLE DEBENTURES SERIES HFCLNCD067 DATE OF MATURITY 27/05/2030 9.20% AA+ (CRISIL) 2030-05-27
INE957N08078 7.65% UNSECURED RATED LISTED SUBORDINATED TIER II REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/042. DATE OF MATURITY 11/12/2030. 7.65% AA+ (ICRA) 2030-12-11 8.67% 2026-07-08
INE957N07591 7.35% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/045 .DATE OF MATURITY 07/05/2031 7.35% AA+ (CRISIL) 2031-05-07
INE957N08086 8.65% UNSECURED RATED LISTED REDEEMABLE SUBORDINATED TIER II NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/053. DATE OF MATURITY 16/07/2032. 8.65% AA+ (ICRA) 2032-07-16
INE957N08094 8.65% UNSECURED RATED LISTED REDEEMABLE SUBORDINATED TIER II NON CONVERTIBLE DEBENTURE. SERIES HFCL/NCD/055. DATE OF MATURITY 21/10/2032. 8.65% AA+ (ICRA) 2032-10-21
INE957N08102 8.65% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 057. DATE OF MATURITY 01/12/2032. 8.65% AA+ (ICRA) 2032-12-01
INE957N07864 8.09% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HFCLNCD77 DATE OF MATURITY 16/03/2033 8.09% AA+ (CRISIL) 2033-03-16 8.31% 2026-08-13
INE957N08110 9% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATE -TIER II DEBENTURE SERIES HFCLNCD061 DATE OF MATURITY 05/01/2034 9.00% AA+ (CRISIL) 2034-01-05
INE957N08185 9.30% UNSECURED RATED LISTED REDEEMABLE TIER II NON CONVERTIBLE DEBENTURED SERIES HFCLNCD070OPIII DATE OF MATURITY 31/12/2034 9.30% AA+ (CRISIL) 2034-12-31 9.29% 2026-08-13
IN8957N08036 9.10% UNSECURED RATED LISTED REDEEMABLE TIER II NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/71 OPTION-I DATE OF MATURITY 04/06/2035 9.10% 2035-06-04
INE957N08193 9.10% UNSECURED RATED LISTED REDEEMABLE TIER II NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/71 OPTION-I DATE OF MATURITY 04/06/2035 9.10% AA+ (CRISIL) 2035-06-04 8.86% 2026-07-15
INE957N08201 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TIER II SERIES HFCLNCD74 DATE OF MATURITY 18/01/2036 9.10% AA+ (CRISIL) 2036-01-18 8.95% 2026-08-24
IN8957N08044 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TIER II SERIES HFCLNCD74 DATE OF MATURITY 18/01/2036 9.10% 2036-01-18
INE957N08219 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 76 OPTION II DATE OF MATURITY 19/01/2037 9.10% AA+ (CRISIL) 2037-01-19
INE957N08144 9.50% UNSECURED RATED LISTED REDEEMABLE PERPETUAL NON CONVERTIBLE DEBENTURE SERIES HFCLNCD65 9.50% AA (CRISIL) 9999-12-31
INE957N08169 9.50% UNSECURED RATED LISTED PERPETUAL NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/68 9.50% AA (ICRA) 9999-12-31
INE957N08128 9.50% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE TIER-I PERPETUAL DEBENTURE SERIES HFCL/NCD/63- OPTION II 9.50% AA (CRISIL) 9999-12-31
INE957N08136 9.60% UNSECURED RATED LISTED REDEEMABLE TIER I PERPETUAL NON CONVERTIBLE DEBENTURES. SERIES HFCL/NCD/64 9.60% AA (CRISIL) 9999-12-31
IN8957N08028 9.5% UNSECURED RATED LISTED REDEEMABLE TIER I PERPETUAL NON CONVERTIBLE DEBENTURE SERIES HFCLNCD069 9.50% 9999-12-31
INE957N08177 9.5% UNSECURED RATED LISTED REDEEMABLE TIER I PERPETUAL NON CONVERTIBLE DEBENTURE SERIES HFCLNCD069 9.50% AA (ICRA) 9999-12-31
IN8957N08010 9.50% UNSECURED RATED LISTED REDEEMABLE PERPETUAL NON CONVERTIBLE DEBENTURE SERIES HFCLNCD65 9.50% 9999-12-31
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
21
Avg. Yield (Last 30 Days)
8.89%
06 Payment Disclosures (SEBI Reg52(4)) 1 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
2026-08-06 7.99% SECURED RATED LISTED... Interest ₹191,800,000.00 ₹191,800,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

07 Regulatory Filings

No regulatory filings captured yet for this issuer.

08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 43 2026-07-03
Rating Actions History 0
Secondary-Market Trades 34 2026-08-25
Reg52(4) Payment Disclosures 1 2026-08-06

Methodology version 1.0. See full methodology for sources and limitations.

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Hero Fincorp Limited have?

Hero Fincorp Limited currently has 38 active bonds with coupons 7.35% - 9.81%, maturities spanning 2026 - 2037.

What is Hero Fincorp Limited's credit rating?

The most recent rating on Hero Fincorp Limited's bonds is AA+ (CRISIL), published by CRISIL, ICRA.

Are Hero Fincorp Limited's bonds secured?

Of the 38 bonds with a disclosed security status, 15 are secured (39%) and 23 are unsecured.

When do Hero Fincorp Limited's bonds mature?

Hero Fincorp Limited's active bonds mature between 2026 - 2037; the nearest matures in 2026-10; the average tenure is 4.1 Yrs.

What is the average coupon on Hero Fincorp Limited's bonds?

The average coupon across Hero Fincorp Limited's 38 active bonds is 8.81%.

Disclaimer: This page aggregates publicly available data about Hero Fincorp Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.